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Send money with the real exchange rate

Banks could charge you up to 5% in hidden costs when sending money abroad. TransferWise is up to 8x cheaper on surveyed currency routes. It’s only fair.

You get the real exchange rate

Banks set their own exchange rate to make money off you. TransferWise gives you the real exchange rate, also known as the mid-market rate.

You always know where your money is

Youll be updated via email at each stage of the transfer. You can also track your transfer with our award winning mobile apps and website wherever you are.

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Trusted all over the World

People on every continents are choosing TransferWise.We are moving over £500 million every month globally, saving people like you £22m in hidden charges.

Now available in 59 countries covering 504 currencies routes. See more about the routes we cover.We’re constantly adding new currencies bringing people everywhere a fairer choice.

Pay like a boss.

Become a finance hero with faster, cheaper overseas invoice payments.

Worldwide coverage

Send to 500+ currency routes

Flexible payouts

Pay to email or bank accounts

Next day payments

GBP to EUR in 1 working day

Safe and secure

Fully authorised by UK FCA

Calculate your savings.

Unlike some banks and providers, we include our small transfer fee upfront. We always use the mid-market rate, like the one you see on Google and XE, so there’s never any surprises or sneaky FX charges. Use our calculator to see how much you could save.

Calculate your savings.

Independent price comparison by PCM Research has shown the true cost of making an international business transfer.

The table shows the different costs incurred when transferring £2,000 to EUR. In addition to a upfront transfer fee, all of the banks surveyed added a markup to the exchange rate they offered.

At TransferWise, we use the rate independently provided by Reuters and never include a markup. That means fair, low-cost transfers, every time. Read the research

Under the hood

Our smart platform connects businesses to TransferWise’s network of local bank accounts all around the world.

Simply, setup a transfer and pay-in to TransferWise’s local bank account in your country. We’ll convert the money using the real exchange rate and pay-out to your recipient from our local bank account in their country. Money never actually crosses any borders which means our international payments are lightning fast, low cost and reliable.

Built to be easy

  • Payments on the go with IOS and Android apps
  • File upload so you can make payments at scale
  • Export your history for your accounting needs
  • Track your payments in real time
  • Pay-in with credit/debit card, Apple Pay and bank transfer
  • Integrate with our API to make mass payouts

Request money at the real exchange rate

The money arrives in your bank account within 2 business days.

3 simple steps to getting paid

1. Create a request

Enter how much, what it’s for, and your bank account for where the money goes.

2. Share it

Send the request link to your payer any way you’d like.

3. Get paid

Your payer joins TransferWise and pays. You’ll get an email when it’s all done.

Businesses: Save up to 8x on international payments

Asking customers to pay you through TransferWise? Simply send them a request to avoid messy bank details and make sure you get the right amount. They’ll need to join TransferWise to pay.

TransferWise always converts your money at the real exchange rate and charges a fair & transparent fee – so you save big time versus the big guys.

Customers: Pay any way you’d like

Forget IBANs and routing numbers, simply click the link, join TransferWise and choose how you want to pay. You can use your debit or credit card (subject to a small fee) or you can pay from your online bank.


5 Things to Know Before Transferring

  1. Send money from your own bank account or card – the name on the bank account or card that you pay from has to match your name on TransferWise. If you have a joint bank account, see here for more information. If you want to send from a business you represent, please see here.

    P.S. Each user can have only one TransferWise profile unless otherwise explicitly permitted by our support team.

  2. Sending your money – to pay for your transfer, you have to either make a local bank transfer to us or manually enter your card or bank account details in our system. This must be done every time you make a transfer.

    If you have multiple transfers set up for the same amount of money on your TransferWise profile, but only send one bank transfer, we will link your money to the transfer that was set up first (the oldest one). If you do wish to complete only one transfer, then it’s best to cancel all other transfers so that we know which one you wish to continue with.

  3. Account verification – as a financial institution, we need to know who’s making transfers with us. At some stage, sooner or later, your identity has to be verified. For more information, please see here.

    If you’d like to have your account verified ahead of time, please upload your ID and address documents and send a quick e-mail to let us know. We’ll get this sorted for you as soon as possible to make your transfers smoother later on!  

  4. Use correct details in your profile – when you set up your profile, please use your real, full name (no nicknames or initials), real address, real phone number and an email through which we can easily reach you.  

  5. No cash or cheque – as a fully online business, we can’t accept or send out cash or cheques. You can use TransferWise to send money from a bank account to a bank account.  

For any additional issues or questions, please see the other articles in our Help Center or get in touch – We’re happy to help!

Video Guide: Make a transfer

Signing up and Making your first transfer
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How much does it cost?

You can see the full breakdown of fees for your chosen transfer route on our pricing page. The pricing page can provide a detailed breakdown of the fees for each currency route.

TransferWise only charges you a fair service fee and uses the real, mid-market rate for conversion. 

The fee is taken from the money that you send to us. The rest is converted and sent to your recipient.

When you pay by debit or credit card, we may charge an additional fee.

How long does it take?

The whole process should be completed within 1-4 working days. The time it takes depends on the currencies involved, the payment method you chose as well as bank holidays and weekends in both the sending and receiving countries.

Please keep in mind that we can only send or receive your money during regular banking hours. 

Also, please note that identity confirmation processes may very occasionally affect the speed of your payment. As we are a regulated financial institution, we are required by law to carry these out. However, we always try our best to make sure they are as fast and as frustration-free as possible.

We cannot continue with your payment until these steps are completed. You’ll be notified either when creating a payment and/or by email when this is required, and you can check the status of this on your dedicated identity confirmation page.

How the process generally works:

  1. Once your transfer is set up, it takes some time for us to receive your money. We can’t proceed with the process before we receive it.

    • Debit card / credit card payments reach us immediately
    • Bank transfers take a maximum of 3 working days to reach us, depending on the currency.
    • SWIFT transfers usually take up to 4 working days to reach us.
    • SOFORT takes 1-2 banking days to reach us
    • Bank debit (ACH) takes from 1 to 4 working days to reach us
    • Wire transfer takes up to one working day to reach us
  2. Conversion of your money takes maximum of 2 working days, but usually just a few hours.
  3. Once we send out your converted money via local bank transfer, it can take a few working days to reach your recipient, depending on the currency sent.

You can always keep track of your transfer from the “Transfers” page. TransferWise will always keep you posted via email as well (therefore, please make sure that you check the email address that’s connected to your profile).

Supported Countries

Don’t see the country that you want to send money to? Please click here to vote for a currency you are interested in. 

If we don’t send money to or from your country yet, rest assured that we are working on it and will announce when it’s ready.

For a full list of currencies, please see here.

Supported Currencies

TransferWise is a currency conversion service, so does not receive and send out the same currency in a single transfer. The only exception for this is our ‘Request Money‘ feature, where GBP-GBP and EUR-EUR payments are possible.

TransferWise can send and receive these currencies:

EUR – Euro – TransferWise can send out and receive Euros anywhere within SEPA*.

*Due to the current situation in Greece the capital controls only allow a limited amount per customer to be sent out of the country within one month period. This limit was recently raised from €500 to €1000, however it is possible that not all banks have implemented this change yet. The deposit to us can only be made via bank transfer.  

GBP – Pounds Sterling – Within the UK (including Gibraltar, the Channel Islands, and the Isle of Man).

USD – US Dollar – TransferWise can only send out USD to checking accounts in the US. TransferWise can receive USD via ACH bank debit, domestic wire, and international SWIFT payment

AUD – Australian Dollar – TransferWise sends out and receives AUD via Australian local transfer

CHF – Swiss Franc – Within Switzerland and Liechtenstein

CAD – Canadian Dollar – Within Canada. Transfers over $9500 can only be sent by SWIFT. 

PLN – Polish Złoty – Within Poland

SEK – Swedish Krona – Within Sweden

NOK – Norwegian Krone – Within Norway

DKK – Danish Krone – Within Denmark

HUF – Hungarian Forint – Within Hungary

CZK – Czech Koruna – Within the Czech Republic

BGN – Bulgarian Lev – Within Bulgaria

RON – Romanian Leu – Within Romania

NZD – New Zealand Dollar – Within New Zealand

JPY – Japanese Yen – Within Japan

BRL – Brazilian Real – Within Brazil – TransferWise can only send payments to or from private individuals within Brazil. Currently we are unable to send business payments to or from BRL.

SGD – Singapore Dollar – Within Singapore. 

TransferWise can only send out these currencies (via local transfer)

INR – Indian Rupee – TransferWise sends out INR via RTGS, NEFT, TPT (as appropriate) to INR-denominated accounts in India. 

HKD – Hong Kong Dollar– Within Hong Kong.

MYR – Malaysian Ringgit – Within Malaysia.

PHP – Philippine Peso– Within Philippines

PKR – Pakistani Rupee – TransferWise can send payments to private recipients within Pakistan. Currently we are unable to send business payments to PKR.

MAD – Moroccan Dirham – Within Morocco

THB – Thai Baht– Within Thailand

AED – Emirati Dirham– Within the UAE

UAH – Ukranian Hryvna– Within Ukraine 

IDR – Indonesian Rupiah – Within Indonesia

COP – Colombian Peso – Within Colombia

GEL – Georgian Lari– Within Georgia

TRY – Turkish Lira – Within Turkey and Northern Cyprus (as long as the IBAN begins with TR)

MXN – Mexican Peso – Within Mexico

RUB – Russian Rouble – Within Russia (except Sevastopol and Crimea due to EU sanctions)

KRW – South Korean Won – Within South Korea

CNY – Chinese Yuan – Within China, from a limited list of countries (see here for the full list)

LKR – Sri Lankan Rupee
– Within Sri Lanka

BDT – Bangladeshi Taka
– Within Bangladesh

VND – Vietnamese Dong
– Within Vietnam

TransferWise can send out these currencies only via SWIFT

ZAR – South African Rand – TransferWise sends out ZAR via SWIFT international payment (We cannot currently receive ZAR).

Where can TransferWise send money?

TransferWise has a network of bank accounts globally in various countries, enabling us to support members in all of our currencies above. The full list of supported TransferWise countries can be found here.

Don’t see what you’re looking for?

We’re working continuously to expand TransferWise to more countries. You can visit our currency wishes page to make sure you’re the first to be informed about new routes we add, and you can also stay up to date via our BlogFacebook and Twitter.

Pricing: What does ‘threshold’ mean

When looking at pricing, you will notice that each currency has a ‘threshold’. This is the point where the minimum pricing stops, and the percentage pricing begins.

For example, the threshold on transfers from British pounds is £400. This means that any transfer under £400 costs £2, and transfers above £400 cost 0.5% of the amount you send to us.

You can find the price for your transfer on our dedicated page.

Will my transfer be instant?

No, unfortunately it won’t be instant. It  will certainly not be slow, though. Delivery time depends on the currency you send and may vary from a few business hours to a few business days from the moment a transfer is shown as complete on your account page.

To find out how long it takes in your case, please refer to the list of supported currencies. You can also read about the length of time a transfer will take here.

Refunding a transfer

If for any reason you need to cancel your transfer after sending your money to us, but before the transfer is complete, you can head to the page for the relevant transfer and you’ll find the ‘Cancel Payment’ button.

Once you’ve clicked this, you’ll be prompted either to enter your refund account details, or if we already have these, you’ll be asked to confirm these are correct.

Transfer Wise